EverMarkets proposes to offer a trading platform aimed at revolutionizing global derivatives markets. EverMarkets is developing the EverMarkets Exchange (EMX), based on this platform, which will offer futures contracts which give price exposure to underlying assets as varied as crude oil, gold, stock indices, or bitcoin. Our team consists of experienced quantitative traders, exchange officers, market makers, FCM employees, and engineers.
We will attempt to dramatically lower the cost of trading and, through the use of a batch auction model, help ensure an equitable market for all participants. Through the use of smart contracts on a public blockchain, collateral may be held securely and trades recorded immutably, decreasing the need for many intermediaries and streamlining commerce.
Liquidity provision is paramount for any new exchange. We have a detailed plan for building liquidity, notably by spinning off an independent liquidity provider to facilitate the creation of deep and liquid markets to enable our efficient auction model.
The platform will feature a mix of global futures contracts including futures contracts similar to ones traded on established exchanges including cryptocurrency derivatives.